The company expects revenue of $4.17 billion to $4.53 billion, the mid-point of which is lower than analysts' average estimate of $4.41 billion, according to Refinitiv data.
(Reporting by Chavi Mehta in Bengaluru; Editing by Devika Syamnath)
Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
203.9 USD | +0.96% | +9.44% | +2.69% |
04-18 | Morgan Stanley Adjusts Analog Devices' Price Target to $221 From $212, Keeps Overweight Rating | MT |
04-05 | Analog Devices Insider Sold Shares Worth $687,317, According to a Recent SEC Filing | MT |
(Reuters) - Chipmaker Texas Instruments forecast first-quarter revenue below Wall Street targets on Tuesday on concerns that a wider economic downturn would shake last year's resilient demand in its key industrial and automotive markets.
The company expects revenue of $4.17 billion to $4.53 billion, the mid-point of which is lower than analysts' average estimate of $4.41 billion, according to Refinitiv data.
(Reporting by Chavi Mehta in Bengaluru; Editing by Devika Syamnath)
Price
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Change
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5d. change
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Capi.
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203.9 USD | +0.96% | +9.44% | 100B | ||
179.3 USD | +1.02% | +9.70% | 162B | ||
1st Jan change | Capi. | |
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+2.69% | 100B | |
+77.36% | 2,159B | |
+19.92% | 623B | |
+34.06% | 622B | |
+8.68% | 254B | |
+16.99% | 185B | |
+5.18% | 162B | |
-37.59% | 136B | |
+34.01% | 127B | |
+37.39% | 105B |